Is SKYE MEGACITY PHASE-1 registered under RERA?

Yes. SKYE MEGACITY PHASE-1 by SKYE EARTH DEVELOPERS PRIVATE LIMITED is on the public record with RERA Madhya Pradesh under RERA registration number P-OTH-25-5569.

When is SKYE MEGACITY PHASE-1 due for possession?

The promised completion date on file with RERA Madhya Pradesh is October 2027. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of SKYE MEGACITY PHASE-1?

SKYE MEGACITY PHASE-1 is filed by SKYE EARTH DEVELOPERS PRIVATE LIMITED (Company), per its RERA Madhya Pradesh registration.

What is the declared cost of SKYE MEGACITY PHASE-1?

The declared project cost on record (land plus construction) is ₹6.19 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is SKYE MEGACITY PHASE-1 located?

SKYE MEGACITY PHASE-1 is located in Malharganj, Madhya Pradesh, as filed with RERA Madhya Pradesh.

SKYE MEGACITY PHASE-1 RERA, Malharganj, Madhya Pradesh

Name: SKYE MEGACITY PHASE-1 — public record
Creator: RERA Madhya Pradesh

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Detailed Report

SKYE MEGACITY PHASE-1

P-OTH-25-5569 · RERA Madhya Pradesh · https://gethorizon.in/projects/skye-megacity-phase-1-malharganj-y2gjyttt

Complete project overview

RERA Madhya Pradesh · Registration filing

Plots: 77 plots
Quarterly reports: 5 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedOct 2024

RERA registeredApr 2025

Proposed completionOct 2027

TodaySep 2026

Builder’s track record

RERA Madhya Pradesh · Builder registration

SKYE EARTH DEVELOPERS PRIVATE LIMITED

CompanyPromoter type

16Projects

3Cities

2022–presentActive

Timelineevery project, start → promised completion

SKYE PRIVILONSKYE CITYSKYE FLORENCESKYE CITY AHSKYE CITY NX-1SKYE MR-11SKYE LAXURIA-11SKYE LUXURIA CITYSKYE ATLANTIS 1SKYE MEGACITY PHASE-1SKYE MEGACITY PHASE -2SKYE HYDE PARK - 1SKYE ATLANTISSKYE HYDE PARK - 2SKYE ATLANTIS 2SKYE HYDE PARK NX

SKYE MEGACITY PHASE-1

this project

Plotted Development

Oct 2024started

Oct 2027target completion

77 plots₹6.19 Cr

Builder DNAthe whole portfolio, summed

120 homes · 1,694 plotson the public record across 16 projects

₹235.21 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

Location & price analysis

RERA Madhya Pradesh · Registration filing

≈ area only · geocoded, verified but not exact · 22.8156, 75.8518 · © OpenStreetMap contributors

District: Indore
Tehsil: Malharganj
Planning area: Other
Address: Khasra No. 256/3/1, 255, 268/3, 268/4, 268/5/2 at Village Magarkheda, Tehsil – Malharganj, District Indore

What’s nearby

SchoolsNo schools within 2km · College or university 99m away

HealthcareHospital 462m away

LifestyleNo parks within 2km

ShoppingNo supermarket within 2km

Getting around

Primary road 278 m · Ujjain RoadRailway line 4.4 km · DWX - INDB Rail SectionNo metro or railway within 5kmLimited bus connectivity nearby

Water & environment

Water body 1.4 kmRiver 3.7 km · Kanh River

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹6.19 Cr declared to build 77 plots. What that works out to:

₹8.04 Lakhdeclared cost per plotall-in — land + construction

2%of the cost is land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹10,870per sq yd

₹13,000per sq m

Which rate: open plot, residential
Matched to: The middle rate of the 105 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force: 2026-2027 schedule · effective Apr 2026

Colonies around this project

BAROLI	₹10,000 / sq m	₹8,361 / sq yd	830 m
KAILASH PRIDE (JAKHYA)	₹13,000 / sq m	₹10,870 / sq yd	960 m
PRAGATI PARK COLONY (MAGAR KHEDA)	₹13,500 / sq m	₹11,288 / sq yd	1.1 km
JAKHYA	₹10,000 / sq m	₹8,361 / sq yd	1.1 km
ORION GALAXY (BHANGYA)	₹16,000 / sq m	₹13,378 / sq yd	1.1 km

The same schedule, published for the places around this one — so the figure above reads in its neighbourhood, not alone.

What this number is — and isn’t

The minimum value Madhya Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.

Planning authority

RERA Madhya Pradesh · Approved building plan

Layout Permitapproved 4 Apr 2025 · 1 yr ago

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

Complaints & litigation

RERA Madhya Pradesh · public record

Complaints register

Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.

So there is nothing to count here — which is not the same as nothing having been filed.

What the builder declared

Declared to RERA Madhya Pradesh

Litigation: None declared in this filing

Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

593 plotted projects still under way within 25 km. Step out ring by ring:

4 projects within 1 km — showing the nearest 4.

IndorePlotted Development

LAVENDER BLOOMS

RAJENDRA NIKETAN NX4

Mar 2024registered

Sep 2026target completion

Declared cost₹12.49 CrScale283 plotsAuthorityRERA Madhya Pradesh

Open the read

IndorePlotted Development

PRANAM PARISAR

SUBHRAJ DEVELOPERS LLP

Jan 2025registered

Sep 2027target completion

Declared cost₹11.87 CrScale32 plotsAuthorityRERA Madhya Pradesh

Open the read

IndorePlotted Development

SKYE MEGACITY PHASE -2

SKYE EARTH DEVELOPERS PRIVATE LIMITED

Apr 2025registered

Oct 2027target completion

Declared cost₹8.23 CrScale111 plotsAuthorityRERA Madhya Pradesh

Open the read

IndorePlotted Development

TIRUMALA GOLD

TARGET HOUSING

Jan 2026registered

Dec 2027target completion

Declared cost₹14.59 CrScale182 plotsAuthorityRERA Madhya Pradesh

Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

What this record cannot tell you

Build quality — no filing records how well it was actually built.
Private disputes — only complaints escalated to the authority appear here.
What it will be worth — the record is the past; it does not price the future.
Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
02Builder's track record
- RERA Madhya Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Madhya Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- MP Department of Registration & Stamps.
05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/skye-megacity-phase-1-malharganj-y2gjyttt.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.